The Master Service Agreement Oil and Gas is essential for establishing long-term service relationships in the oil and gas industry. It provides a standardized framework under English and Welsh law for managing multiple service engagements without the need to negotiate terms for each individual project. This agreement is particularly useful when an operator requires ongoing services from contractors or service providers, covering everything from routine maintenance to specialized technical services. The document includes comprehensive provisions for HSE compliance, risk allocation, and operational procedures, while maintaining flexibility through work orders for specific services. It's designed to align with UK regulatory requirements and industry best practices, making it suitable for both onshore and offshore operations.
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1. Parties: Identification and details of the contracting parties
2. Background: Context of the agreement and brief description of the parties' intentions
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of services to be provided
5. Term and Termination: Duration of agreement and termination provisions
6. Payment Terms: Pricing, invoicing, and payment conditions
7. Health, Safety and Environment: HSE requirements and compliance obligations
8. Liability and Indemnification: Allocation of risks and responsibilities
9. Insurance: Required insurance coverage and limits
10. Confidentiality: Protection of confidential information
11. Force Majeure: Provisions for unforeseen circumstances
12. Governing Law: Applicable law and jurisdiction
1. Parent Company Guarantee: Financial backing from parent company - used when working with subsidiaries or when additional financial security is required
2. Intellectual Property Rights: Protection of IP and licensing terms - used when services involve creation or use of intellectual property
3. Data Protection: GDPR compliance and data handling - used when personal data processing is involved
4. Anti-Corruption: Anti-bribery and corruption provisions - used for international contracts or high-value agreements
5. Local Content: Requirements for local workforce/suppliers - used when operating in jurisdictions with local content requirements
1. Schedule 1 - Scope of Work: Detailed technical specifications and service requirements
2. Schedule 2 - Compensation: Detailed pricing structure and rates
3. Schedule 3 - HSE Requirements: Detailed health, safety, and environmental requirements
4. Schedule 4 - Key Performance Indicators: Performance metrics and measurement criteria
5. Schedule 5 - Insurance Requirements: Detailed insurance specifications
6. Schedule 6 - Form of Work Order: Template for individual work orders under the MSA
7. Schedule 7 - Personnel Requirements: Qualification requirements for key personnel
8. Schedule 8 - Equipment Requirements: Specifications for equipment to be used
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